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India’s Emergence as an Economic Giant: Opportunities to Canada
TNC ONLINE   2012-09-18 19:19:21 Author:Someshwar Rao Source: Font size:[Large][Middle][Small]
Transnational Corporations Review
ISSN 1918-6444 (Print), ISSN 1925-2099 (Online)
Edited by Ottawa United Learning Academy
Published by Denfar Transnational Development
Volume 3, Number 3, September 2011, 124-134
Doi:10.5148/tncr.2011.1131

Author: Someshwar Rao

Abstract: India’s economy has increased its speed limit a great deal after 1991, because of its steady shift from a command-controlled and inward-looking to a market-driven and outward-oriented economy. Today, it is the 2nd fastest growing major economy in the world. Its real GDP growth rate averaged around 8.0% since 2002. Moreover, like China, India’s economy did not experience a significant growth slowdown during the recent global financial crisis and the economic recession as its banking sector and domestic demand has reached to a stronger position. This paper examines India’s economic growth with its structural changes. It also explores trade and investment opportunities to Canada.

Keywords: India, economic growth, structural change, and trade policy

References

Goldman Sachs(2003), Dreaming With BRICs: The Path to 2050, 2003.

 

Goldman Sachs(2007), India’s Rising Growth Potential, 2007.

 
Pangariya, A(2008), India: The Emerging Giant, Oxford University Press, 2008.  
Rao, Sheila (2008), The Rise of the BRICs: What Does It Mean for Canada?, The Conference Board of Canada, January 2008.  

Satyanand, P.N. and P. Raghavandran (2010), “ Inward FDI in India and its Policy Context “,  part of Columbia FDI Profiles series, Vale Columbia Center, March 2010.

 
Satyanand, P.N. and P. Raghavandran (2010), “ Outward FDI from India and its Policy Context”, part of Columbia FDI Profiles series, Vale Columbia Center, September 2010.  
Acharya, R., S. Rao, S. Bhattacharjee and L. Wright (2010), “Inward FDI in Canada and its Policy Context”, part of Columbia FDI Profiles series, Vale Columbia Center, 2010.  
Acharya, R, S. Rao, S. Bhattacharjee and L Wright (2010),“Outward FDI in Canada and its Policy Context”, part of Columbia FDI Profiles series, Vale Columbia Center, 2010.  
‘WTO (2010), International Trade Statistics 2010.  
World Bank (2010), World Development Indicators 2010.  
Industry Canada (2005), Emergence of India --- Opportunities and Challenges for Canada, Mimeo (charts).  

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